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This history of three powerful family firms located in different European countries takes place over a period of more than two hundred years. The interplay and the changing social and legal arrangements of the families shaped the development of a European capitalism quite different from the Anglo-American variety. Qualifying claims by Alfred Chandler and David Landes that family firms tend to be dysfunctional, Harold James shows how and why these steel and engineering firms were successful over long periods of time. Indeed, he sees the family enterprise as particularly conducive to managing risk during periods of upheaval and uncertainty when both states and markets are disturbed. He also identifies the key roles played by women executives during such times. In Family Capitalism, James tells how "iron masters" of a classical industrial cast were succeeded by new generations who wanted to shift to information-age systems technologies, and how families and firms wrestled with social and economic changes that occasionally tore them apart. Finally, the author shows how the trajectories of the firms were influenced by political, military, economic, and social events and how these firms illuminate a European model of "relationship capitalism."

Family-owned business enterprises --- Entreprises familiales --- History. --- Histoire --- 338 <09> <4> --- 658.114(09) --- 622 --- 691.714 --- Economische geschiedenis--Europa --- Forms of enterprise in general. Private businesses--Geschiedenis van ... --- Mining --- Steel --- 691.714 Steel --- 622 Mining --- 658.114(09) Forms of enterprise in general. Private businesses--Geschiedenis van ... --- 338 <09> <4> Economische geschiedenis--Europa --- Case studies. --- Etudes de cas --- Business enterprises, Family-owned --- Family business --- Family businesses --- Family enterprises --- Family firms --- Business enterprises --- History --- Forms of enterprise in general. Private businesses--Geschiedenis van .. --- E-books --- Histoire. --- Etudes de cas. --- 622 Mijnbouw --- Mijnbouw

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Firms and enterprises --- World history --- anno 1800-1999 --- International business enterprises --- Entreprises multinationales --- 658.114(09) --- 338(01) --- AA / International- internationaal --- 347.720.1 --- Business enterprises, International --- Corporations, International --- Global corporations --- International corporations --- MNEs (International business enterprises) --- Multinational corporations --- Multinational enterprises --- Transnational corporations --- Business enterprises --- Corporations --- Joint ventures --- Forms of enterprise in general. Private businesses--Geschiedenis van ... --- Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--Bibliografieën. Catalogi --- Aard, definitie, eigenschappen van handelsvennootschappen. Bedrijfspatrimonium. Multinationale bedrijven. --- International business enterprises. --- 338(01) Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--Bibliografieën. Catalogi --- 658.114(09) Forms of enterprise in general. Private businesses--Geschiedenis van ... --- Aard, definitie, eigenschappen van handelsvennootschappen. Bedrijfspatrimonium. Multinationale bedrijven --- Forms of enterprise in general. Private businesses--Geschiedenis van .. --- Entreprises internationales. Histoire. (Mélanges) --- Internationale bedrijven. Geschiedenis. (Versch. onderwerpen)